obama blamed fears of government overreach. >> part of the challenge that weth confront is that even the slightest hint of some sensible, responsible legislation in this area fans this notion that somehow here it comes and that everybody's guns are going to beo taken away. >> reporter: mr. obama said if congress does not act he can achieve some of these goal us there executive order. but, scott, the only area the president talked about that wasso improved tracing at the federal level of guns sold to or stolen by criminals. maj >> pelley: major, thank you, the government could hit itst borrowing limit again as soon as mid-february. earlier, at that white house news conference, the president called on congress to raise the debt ceiling so the country can pay its bills. >> we have to do something sensible and we shouldn't be doing this on a one to three- month time frame. why would we do that? this is the united states ofajor america, major.in we can't manage our affairs in our such a way that we pay our bills and provide certainty in terms of how we pay our bills. i don't think anybody